Risk-averse investors have seen up to a fifth wiped from the value of their nest eggs over the past year alone, leaving many at risk of a poorer retirement.
Risk-averse investors have seen up to a fifth wiped from the value of their nest eggs over the past year alone, leaving many at risk of a poorer retirement.
LGIM launches model portfolio service
By Michael Klimes 9
th June 2021 9:59 am
Legal & General Investment Management (LGIM) has launched a model portfolio service (MPS) to meet rising adviser demand.
The initial pricing will be set at an annual management fee of 6 basis points that equates to 5 basis points plus VAT.
MPS brings together an array of expertise and experience from within LGIM.
This includes veteran asset allocation team with over 30 investment professionals, headed up by Emiel van den Heiligenberg.
The team collectively oversee £63bn in multi-asset funds, including the award-winning Multi-Index Fund range.
They will work in partnership with the solutions team which already oversees £200bn of institutional client portfolios.